30 Terms
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Commodity exchange
Industry: Financial services
Add a new termContributors in Commodity exchange
Commodity exchange
Back months
Financial services; Commodity exchange
Those futures delivery months with expiration or delivery dates furthest into the future; futures delivery months other than the spot or nearby delivery month.
Buy on opening
Financial services; Commodity exchange
To buy (or sell) at the beginning of a trading session within the open price range.
Buy on close
Financial services; Commodity exchange
To buy (or sell) at the end of the trading session within the closing price range.
To-arrive contract
Financial services; Commodity exchange
A transaction providing for subsequent delivery within a stipulated time limit of a specific grade of a commodity.
Round turn
Financial services; Commodity exchange
A completed transaction involving both a purchase and a liquidating sale, or a sale followed by a covering purchase.
Public
Financial services; Commodity exchange
In trade parlance, non-professional speculators as distinguished from hedgers and professional speculators or traders.
Trader
Financial services; Commodity exchange
(1) A merchant involved in cash commodities; (2) a professional speculator who trades for his own account.
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